Employee Ownership -

Employee Ownership

Employee Ownership at Big G Express gives you the opportunity to earn money for your future while providing for you and your family today! The ESOP is a FREE RETIREMENT plan with no money out of your pocket!

Learn More About Employee Ownership



Big G Express is 100% Employee Owned through an Employee Stock Ownership Plan (ESOP). The ESOP is a FREE RETIREMENT plan that requires no money from the employee. Employees earn shares in Big G Express based on their compensation and years of service. As an employee-owned company, every employee has a stake in the success of Big G Express! 

How The ESOP Works:

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Big G Stock Prices
ESOP Valuation -
Privately Held
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Big G Express is still privately held and not publicly traded. Our stock value is determined by an independent valuation firm annually. Our value is based on the "fair market value" of Big G Express, or what a willing buyer would pay for our company at that time.
How You
Earn Shares
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Shares are allocated to eligible participants annually based on their years of service and compensation. Employees do not pay for shares. In fact, the plan does not allow anyone to purchase shares - they are all earned by working at Big G.
Annual ESOP
Statements
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Our ESOP administrator will mail participant statements each year around June or July. The statement will be "as of the end of the prior calendar year" and include the number of shares in the participant retirement account and the value of the stock for that year. We announce our stock price at our Annual ESOP Meeting each summer.
ESOP Distributions -
When you get $$
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ESOP Distributions are paid by the end of the calendar year following the year a participant terminates employment at Big G Express. Our current distribution plan pays a lump sum if a participant is 65 years or older, upon death or 100% disability. If a participant is less than age 65 when they separate, the ESOP balance is paid 1/5th over five years.


Real People Real Money

Here are a few examples of driver account balances over the last three years:

 
 
Hire Date

April 2013

2016 Balance

$19,353

2017 Balance

$25,058

2018 Balance

$36,895

 
 
 
Hire Date

march 2010

2016 Balance

$51,182

2017 Balance

$59,846

2018 Balance

$79,141

 
 
 
Hire Date

August 2004

2016 Balance

$95,863

2017 Balance

$106,206

2018 Balance

$129,803

 

Latest Employee Ownership News

How Your ESOP Balance is Determined

Your ESOP account balance is determined by two things: The number of shares you have, and the value of the shares. [read more]

Big G's Annual ESOP Meeting - 10 Year Celebration

Big G Express celebrated 10 years of Employee Ownership and employee owners received their ESOP statements at our Annual ESOP Meeting and family event at the Nashville Zoo [read more]

 

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